Yemen and Cuba agree on enhancing the joint investments of the private sector

The Yemeni president Ali Abdu Allah Saleh concluded an official a 3-day visit to Cuba in which he discussed the commercial and economic cooperation ties.

Hesham Sharaf Abdu Allah, the deputy in the international cooperation sector in ministry of planning and development said that the 2 sides agreed on enhancing joint investments between the private sector in the 2 countries and increasing the technical cooperation in fields of health, education, tourism and Fishery, clarifying that Yemen and Cuba discussed agreements drafts for protecting and enchancing investment as well as banning double taxation in addition to the educational, health and university cooperation.

The Yemeni official statements refer to that the volume of the commercial exchange between the 2 countries reached nearly 44,24 million dollars in 1998 that are all Cubian exports to Yemen omposed of medicince and medicial equipments while the statistics referred to that the commercial exchange volume reached nearly 128,5 million dollars in 1999.